Metlock Company's record of transactions for the month of April was as follows. Purchases Sales...
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Metlock Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 840 @ $6.00 April 3 700 @ $10.00 4 2,100 @ 6.08 9 1,960 @ 10.00 8 1,120 @ 6.40 11 840 @ 11.00 13 1,680 @ 6.50 23 1,680 @ 11.00 21 980 @ 6.60 27 1,260 @ 12.00 29 700 6.79 6,440 7,420 (a2) Your answer is partially correct. Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to 0 decimal places, e.g. 2,760.) LIFO $ 6444 Average-cost $ 6223 e Textbook and Media Save for Later Attempts: unlimited Submit
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